Category: Blog Post

The Great LIBOR Transition

By Hung Tran

Beginning in 2022, the London Interbank Offered Rates (LIBOR) will be replaced by national reference rates. While the changeover will address the problems that led to the demise of LIBOR, the national reference rates will also introduce new problems which will need to be assessed and resolved.

State of the Order: Assessing October 2021

The State of the Order breaks down the month's most important events impacting the democratic world order.

Labor force participation rates in G20 in five charts

By Amin Mohseni-Cheraghlou

Labor force participation rates, down since COVID, were already declining in several G20 countries. Will labor market challenges be part of the next G20 meetings’ agenda?

State of the Order: Assessing September 2021

The State of the Order breaks down the month's most important events impacting the democratic world order.

To Bailout or not? This is Xi’s question.

By Amin Mohseni-Cheraghlou

President Xi is concerned about growing wealth and income inequality in China. The Evergrande crisis could nevertheless challenge his determination to address this inequality, a considerable portion of which has been fueled by rising wealth disparities in the housing sector.

US climate investments are required to secure green economy and jobs

By Jeff Goldstein

For the US economy to sustainably function and continue creating jobs in the long-term, investments that help manage climate change and prevent further damage to the environment are essential economic policies.

The inaugural Trade and Technology Council Meeting — groundhog day or great leap forward?

By Barbara C. Matthews

Following the commencement of the Biden presidency, there were high hopes of a resurgence of transatlantic ties. This week's inaugural meeting of the TTC highlights that policymakers on both sides will have difficulty meeting that expectation.

Inclusive growth needs financial inclusion. Can Central Bank Digital Currency help?

By Amin Mohseni-Cheraghlou

1.7 billion adults remained unbanked as per the 2017 wave of Findex dataset, with large disparities in financial inclusion still existing across countries, gender, income, education, and rural-urban lines. CBDCs have the potential to enhance financial inclusion and reduce these disparities.

Evergrande’s debt distress: Withdrawal symptoms of China’s debt-fueled growth model

By Hung Tran

On September 24th China’s giant property developer Evergrande Group entered a 30-day grace period before being declared in default. Although they may not default, this slowdown highlights the key contradiction in China’s policy goals.

State of the Order: Assessing August 2021

The State of the Order breaks down the month's most important events impacting the democratic world order.